HSAs: Tackling Common Administration Headaches & Mistakes
Health Savings Accounts (HSAs) are not IRAs and treating them the same can lead to costly compliance errors. HSA administration involves unique rules, reporting, and correction procedures that every financial institution and benefits administrator must understand. Join our experts as they break down real-world examples, clarify best practices, and answer your HSA questions.
KEY WEBINAR TAKEAWAYS
- Unique tax benefits of this tax-sheltered savings plan versus other popular tax-advantaged savings plans
- Administrative considerations that apply specifically to HSAs
- Strategies HSA owners may employ to maximize their HSA savings
- Areas where custodians and trustees do not go far enough — or go too far — with HSA administration
- Reporting HSA transactions during the HSA owner’s lifetime and after the HSA owner’s death
BONUS MATERIALS
- IRS Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans
- Job aid: Handling HSAs After Death of HSA Owner
WEBINAR DETAILS
Health Savings Accounts (HSAs) are distinct from IRAs and come with their own administrative rules and challenges. From mistaken employer contributions and distributions to overdrawn accounts, death processing, and administrative overreach — these situations can get tricky fast. This webinar takes a deep dive into the most common HSA mix-ups and equips you to handle them with confidence. We will also address those “oddball” scenarios that land on your desk and answer your toughest questions.
WHO SHOULD ATTEND?
- Frontline staff
- Managers of those fielding HSA transactions and questions
- Compliance staff
